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Sanwo-Olu appoints ex-banker as LASACO board director

By Idowu Abdullahi,

The Lagos State Governor, Babajide Sanwo-Olu, has nominated Keystone Bank former Director, Olateju Phillips, as a director on board of Lasaco Assurance PLC.

Lasaco Assurance PLC provides life and general insurance services, which includes motor, bond, contractors-all-risk, fire, burglary, aviation, marine, general accident, life, pension schemes, engineering, and oil and gas.

With her appointment, Philips would be replacing former Chairman, Aderinola Disu, on the board of Lasaco Assurance.

Confirming the appointment, the Managing Director and Chief Executive Officer, Ibile Holdings Limited, Abiodun Amokomowo, said that Philips was appointed after careful consideration of her leadership experience.

Through a letter conveying the governor’s appointment, Amokomowo enjoined the new board chairman to bring her leadership qualities to bare in her new role on the board of the company.

“We write to inform you that Governor, Babajide Sanwo-Olu, the Executive Governor of Lagos State has nominated you as a Director to represent Lagos State and replace Mrs. Aderinola Disu as Chairman on the Board of LASACO Assurance Plc. Kindly forward an acceptance letter to us and contact Board of LASACO for further information,” the letter read in part.

Philips is the daughter of late successful and globally renowned business tycoon and philanthropist, Antonio ‘Dehinde Fernandez.

Banking on a great and robust resume, Phillips is a successful Chartered Accountant who holds an ACCA from England and Wales.

She was a former Director in Keystone Bank; former Director, Lagos State Lottery Board; Honorable Commissioner For Special Duties & Inter-Governmental Relations in Lagos State; she was also the Managing Director of Alma Beach Estate Ltd (a subsidiary of Rims Merchant Bank Ltd); Managing Director, Maridot Ventures Ltd.

Also, she is a renowned Management / Financial Consultant to many companies and was at a time, the Divisional Commercial Manager of Property division of the United African Company (UAC) of Nig. Plc.

Her other appointments include but not limited to the following: Chairman, Federal College of Agriculture Ibadan; Chairman, Organizing Committee of the Institute of Directors (IoD) Nigeria; Council Member, Bank Directors Association of Nigeria; Board Member, Women In Boardroom; Member, Institute of Chartered Accountants of Nigeria (ICAN) Presidential Committee; Member, ICAN Annual Conference Committee;

Others are Member of 100 Eminent Persons Group set up by the Federal Government of Nigeria for the ‘Nigeria 2010 World Cup Bid’; Board Member, State Primary Education Board, Ogun State; Chairman, Accommodation Committee FIFA 1999, Junior World Cup Championship held in Lagos; Chairman, Accommodation Committee of IMO ’98 Federal Annual Sports Festival, held in Imo State; Chairman, Accommodation Committee, 1st African Women Championships, Ogun state.

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